
Principles of Business Chapter 1 Review
Quiz
•
Business
•
6th - 12th Grade
•
Medium
CHRISTINA LOCKETT
Used 15+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Describe what a Human Resource is
The work performed by people in an organization
The work performed by people in a business
The work performed by people in a school
The work performed by people in a company
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ______ the competition, the _______ the price
higher, lower/lower, higher
low low
high high
All of these above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Describe what a land resource is
All of a nation's natural resources come from the land
Land and water
Food and resources
All of these above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Process of controlling and making decisions about a business is called:
Controlling
Work
Management
Company
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is it called when something is given up in order to gain something else?
Losing
Gain
Trade Off
All of these above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Name the type of economy where both the government and individuals make decisions about economic resources.
Mixed Economy
Market Economy
Command Economy
Traditional Economy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A physical item that can be touched is called a:
Object
Business
Ball
Good
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